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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Seplat Energy Plc | LSE:SEPL | London | Ordinary Share | NGSEPLAT0008 | ORD NGN0.50 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
5.50 | 3.45% | 165.00 | 164.50 | 167.50 | 165.00 | 161.00 | 161.00 | 81,415 | 15:01:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil & Gas Field Services,nec | 696.87B | 54.58B | 92.7479 | 0.02 | 953.28M |
TIDMSEPL
RNS Number : 5700F
Seplat Energy PLC
19 July 2021
Seplat Energy Plc ("Seplat" or "the Company")
Subsidiary's US$50 million Offtake Facility
Lagos and London - July 19, 2021: Seplat Energy Plc ("Seplat" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces that its wholly owned subsidiary, Westport Oil Limited, has successfully raised a US$50 million offtake linked reserved based lending facility due April 2027 (the "Offtake Facility"). The Offtake Facility is subordinated to the US$110 million senior reserve based lending facility (the "RBL"). The Offtake Facility carries initial interest of Libor + 10.5% payable semi-annually and is scheduled to commence repayment from March 2023.
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Enquiries:
Seplat Energy Plc +234 1 277 0400 Emeka Onwuka, Chief Financial Officer Chioma Nwachuku, Director, External Affairs & Sustainability Brian Marcus, Head of Corporate Finance Carl Franklin, Head of Investor Relations Ayeesha Aliyu, Investor Relations FTI Consulting Ben Brewerton / Sara Powell / Christopher Laing +44 (0) 203 727 1000 seplat@fticonsulting.com
Notes to editors
Seplat Energy Plc is Nigeria's leading indigenous energy company. It is listed on the Premium Board of the Nigerian Exchange Limited (NGX: SEPLAT) and the Main Market of the London Stock Exchange (LSE: SEPL).
Seplat is pursuing a Nigeria-focused growth strategy and is well positioned to participate in future asset divestments by international oil companies, farm-in opportunities, and future licensing rounds. The Company is a leading supplier of gas to the domestic power generation market. For further information please refer to the Company website, http://seplatpetroleum.com/
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(END) Dow Jones Newswires
July 19, 2021 02:00 ET (06:00 GMT)
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